Synchrony Financial·4

May 19, 4:25 PM ET

AGUIRRE FERNANDO 4

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Synchrony Financial (SYF) Director Fernando Aguirre Receives Award

What Happened Fernando Aguirre, a director of Synchrony Financial (SYF), received an award recorded as 14 units acquired on May 15, 2026. The award is reported at $71.38 per unit for a total reported value of approximately $999 (transaction code A — grant/award/other acquisition). This was not an open-market purchase or sale but an accrual of dividend-equivalent units tied to restricted stock units (RSUs).

Key Details

  • Transaction date and value: May 15, 2026 — 14 units @ $71.38 each, total ~$999.
  • Transaction type: A = Grant/award/other acquisition; these are dividend-equivalent units (see footnote F1).
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Filing date: May 19, 2026 — filed within the SEC’s two-business-day window (timely).
  • Footnote: F1 states these are dividend equivalent units accrued as dividends on the common shares underlying RSUs; they vest and settle on the same schedule as the related RSUs and each unit is economically equivalent to one share.

Context Dividend-equivalent units are a form of compensation tied to existing RSUs and are not an open-market purchase or sale that signals a director buying or selling stock. The economic value here is small (~$999) and represents compensation accrual rather than a trading decision.